Well, mining centralization. There are no incentives whatsoever to mine. So only kaspa devs are actually mining... And if there were some small miners are irrelevant for the most part.
and they are simply too late even if zk is a good thing (which is not).
Why are there no incentives to mine? It seems the same as bitcoin, in that it's PoW and you get fees + block subsidy. Why is zk not a good thing? I agree that they are almost certainly too late from an adoption point of view.
Because of it's valuation. You need to sell everything to cover your bills.
I don't want to dive into zk thing because it will endup in a sort of flame war. Take it as my peraonal opinion.
That's a great point, though less a technical criticism than a comment on the path dependence of how bitcoin has already won. Do you have a link to the zk stuff I can read?
Not the gratest one but the only one from my bookmarks which still works:
Thanks, I'll give it a read
Acutally there's probably nothing new to you. As I remember it led me to more research because of the trust requirements for zkp. I know how it sounds 🤪
I'm not intimately familiar with zkps, but I am intimately familiar with the idea that all technology has trade-offs. I can totallly believe there are trust requirements involved 😅
